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Tuesday, December 19, 2017

Record Home Sales In Grey Bruce

Regional | by Kevin Bernard  

November was a record month for home sales in Grey Bruce.

November was a record month for home sales in Grey Bruce.

There were 205 houses sold in the month, up 2.5 percent from a year ago.

On a year-to-date basis, home sales totalled 2,891 units over the first 11 months of the
year.

This trails the same period from last year by just one sale and stands well above all
other years on record.


The average price for a home sold in the area last month was over 294 thousand dollars.

That is up 14.3 percent from 2016, and 5 years ago the average price was just over 200 thousand dollars.

The total value of all properties sold in November in Grey Bruce was 73.9 Million dollars which was up 4.2 percent from a year ago.

New residential listings on the Association’s MLS® System numbered 170 units in November 2017. This was down 26.7% compared to November 2016.

Overall supply stands at record lows. Active residential listings totalled 628 units at the end of November, down 35% from the same time last year.

 

 



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